Strategic physical asset management ISO 55000: Success cases in Latin American territorial infrastructure
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Abstract
This article evaluates the implementation of the ISO 55001 standard in Latin American organizations operating high-value physical assets with significant territorial impact. Through a qualitative multiple-case study and systematic documentary analysis of three certified organizations (midstream hydrocarbons, specialized services, and drinking water), methodological rigor was validated with a Cohen’s Kappa coefficient of 0.84. The findings document consistent improvements: a 3.6 percentage point increase in asset availability, a 40% enhancement in operational reliability (MTBF), a 22% reduction in mean time to repair (MTTR), and a 50% decrease in unplanned downtime. Four critical success factors were identified: committed executive leadership, explicit strategic alignment, integrated information systems, and participatory change management. The study concludes that asset management under the ISO 55000 standard constitutes a strategic resilience architecture, viable for strengthening the operational sovereignty of critical infrastructures in Latin America, generating operational cost reductions between 15% and 20% within contexts of macroeconomic volatility.
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References
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